Largest NHS privatisation comes to an end March 31, 2015 Sarah Spickernell asks why the NHS’ deal with Circle Healthcare flatlined Yesterday, the NHS’ biggest privatisation experiment came to an expensive end. Circle Healthcare, which was chosen by the government three years ago to turn around the troubled Hinchingbrooke Hospital in Cambridgeshire, is abandoning the project seven years early, leaving behind a deficit of between [...]
“Politicians are scared of telling the truth”: Circle blames Hinchingbrooke hospital failure on unequal spending cuts across the NHS March 31, 2015 Exclusive: Today, the NHS's biggest privatisation experiment ever comes to an expensive and embarrassing end – Circle Healthcare, which was chosen by the government three years ago to turn around the troubled Hinchingbrooke hospital in Cambridgeshire, is abandoning the project seven years early, leaving behind a deficit of between £7.7m and £12m. What's more, the [...]
The Kingmaker: All the world’s a stage for former Thatcher adviser Bill Robinson March 30, 2015 To be or not to be? It’s the age-old question that every former economic adviser to Margaret Thatcher asks themselves when they come to write for the stage. Of course it is… And so it is that Bill Robinson, chief economist at KPMG and the late Lady Thatcher’s adviser, wrote The Kingmaker, which opens tonight [...]
Driverless cars could create 320,000 UK jobs and save 25,000 lives March 26, 2015 Connected and driverless cars could create a jobs boom in the UK and save thousands of lives, according to new research commissioned by SMMT Connected. Developing the next generation of autonomous vehicles could land the UK with as many as 320,000 jobs and deliver £51bn of economic benefits. The research, carried out by KPMG, argues [...]
Driving into the future without a driver March 25, 2015 DRIVERLESS cars are set to create 320,000 jobs in the UK by 2030, according to the Society for Motor Manufacturers and Traders and consultants KPMG. The vehicles are also expected to provide a £51bn boost to the economy, as well as saving up to 2,500 lives.
How London can get the infrastructure it needs – but without the bureaucracy March 24, 2015 Infrastructure looms large in the life of every Londoner. Even though it’s probably not at the forefront of our minds as we check our emails and fill up the kettle each morning, we depend on quality, reliable infrastructure day in, day out. And it’s just as important for the capital’s businesses. They need it to [...]
City Moves for 20 March 2015 | Who’s switching jobs March 19, 2015 Baker Tilly The audit, tax, and accountancy firm has appointed Rowan Williams as head of its professional services group. She joined Baker Tilly in 2009, and has led its London business advisory team and its professional services group in London and the South. Old Mutual Wealth Mary-Anne McIntyre has been appointed chief distribution officer at [...]
HSBC switches auditors to PwC after decade with rivals KPMG March 18, 2015 HSBC yesterday announced plans to appoint PricewaterhouseCoopers as its auditor, replacing KPMG which had held the position since 1991. Europe’s biggest bank said the appointment would be put to shareholders at its 2015 annual general meeting on 24 April, but that the recommendation was the result of a competitive tender. “The tender process was both [...]
Budget 2015: The stories that broke during George Osborne’s speech March 18, 2015 The announcement of the UK government’s annual budget is one of the biggest dates in the financial calendar. City hacks' ears were tuned into George Osborne’s speech this lunchtime, as eyes were glued to Twitter for all the breaking hot takes on the chancellor’s tie colour and fingers were madly typing away to produce a [...]
HSBC confirms PwC will take over as auditor from KPMG this month March 18, 2015 HSBC will replace auditor KPMG with PricewaterhouseCoopers (PwC) after the latter announced its resignation from the position as the Company's auditor from 31 March 2015, the bank confirmed today. PwC's appointment will be put to shareholder's at the bank's annual general meeting held on 24 April this year. HSBC originally announced its intentions to switch [...]